Dish Meets Estimates as Broadband Counters Loss of TV Users
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Dish Network Corp., the second-largest U.S. satellite-television provider, reported revenue that met analysts’ estimates as broadband subscriber gains helped offset losses in pay-TV customers.
Second-quarter revenue climbed 5.8 percent to $3.69 billion, matching analysts estimates. The company added 36,000 new broadband subscribers, trailing the 53,000 average projection of six analysts. Dish lost about 44,000 pay-TV customers, the Englewood, Colorado-based company said in a statement today. That was less than the loss of 46,000 estimated by analysts.